I expect that we'll see an announcement from Wah Nam in the next week or two declaring an "overwhelming number of acceptances" to their offer as the shares that they have wharehoused over the last few months are quickly transferred then flipped over as acceptances.
Don't fall for this tactic. They did this last time.
Some analysis on the total number of shares traded since Wah Nam assumed control should give us an indication as to how many they already have. I figure that around 85% of this volume is a conservative estimate of the volume they could have accounted for.
Anyone have those numbers?
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